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Related to her investments, she wants to answer the following questions: 1. What is the expected return on this portfolio under each state of economy

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Related to her investments, she wants to answer the following questions: 1. What is the expected return on this portfolio under each state of economy (i.e. recession, normal, and expansion}? 2. What is the expected overall portfolio return? (Hint: Please consider the probabilities of each state of economy} 3. What is the risk (Le. standard deviation} of this portfolio

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